E BRC, Electronic Bank Realization Certificate Posted on 17 April 2023 Category : Export India The information provided here is part of Import Export online Training E BRC, Electronic Bank Realization Certificate The details about eBRC as per Foreign Trade Policy of India 2015-20 are as under: About the statement: This statement is machine generated from the DGFT website. It reproduces the information (as available on the date and time of printing of this statement) received by DGFT from the bank in secured electronic mode. This information can be verified by accessing the DGFT website (http://dgft.gov.in). Note on the realised value: The Realised value (Item 12 above) is denominated in Foreign Currency and may be in CIF, C&F or FOB terms as negotiated between exporter and buyer of the goods) and hence it may or may not include Commission, Freight or Insurance as the case may be. Such details may be obtained from exporters, if needed. Policy Circular No. 06(RE- 2012) /2009-14 Dated 10.10.2012 of DGFT explains this in detail. ELECTRONIC BANK REALISATUION CERTIFICATE STATEMENT OF BANK REALISATION 1. Firm's Name 2. Address 3. IEC 4. Shipping Bill No/Invoice No 5. Shipping Bill/invoice Date 6. Port of despatch 7. Bank's Name 8. Bank's File no and Upload Date 9. Bill ID no 10. Bank Realisation Certificate No 11. Date of realisation of money by bank 12. Realised value in Foreign Currency 13. Currency of realization 14. Date & time of printing The above details are about eBRC mentioned in Foreign Trade Policy of India. The above information is a part of Export Import Training course online You can share your views about eBRC (Electronic Bank Realization Certificate) as per Foreign Trade Policy of India. Posts about Export Import Online Training; How to import your product? 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Transferability of Bill of Lading Transhipment - A redefinition Travelers to India under import duty exemption, Frequently Asked Questions Part 2 Triangular shipment Types of Insurance Documents. How does Wire transfer work in international business? How is assessable value calculated by customs for imports? How is IGM filed under high sea sale? How many of you know the meaning of Exports and Imports in India? How many types of imports in India. Types of bills of Entry in India How many types of shipping bills in export How to add Line number in Import General Manifest in Custom in India How to amend AWB number in Import General Manifest (IGM) How to amend BL number in Import General Manifest (IGM) How to amend consignee (importer) name in Import General Manifest (IGM) How to amend container number in Import General Manifest IGM How to amend date of bill of lading in Import General Manifest (IGM) in India How to amend description of goods in Import General Manifest (IGM) Transferability of Bill of Lading Comments madhavraj Shetti: On 02 August 2016 Dear Sir, Please clarify who will issue E-BRC. deepesh singhal : On 09 August 2016 I am an exporter and got payment through transferwise and they sent money in to my bank account in INR and i also claimed customs duty drawback on that. Now question is that how to get BRC? Presevi Industrial Company : On 05 May 2017 We exported Electronic controllers on different dates under different shipping bills and invoices and the money is transaffered to our company's name through SBI oby USD and is converted to INR. We got drawcback also. Now how to get e-BRC . We got the format from DGFT site but when we fill up the format it comes shipping bill is wrong, date is wrong etcc...Can you help us. Sankalp Sodhani : On 11 June 2017 Your site has helped us in many ways and really appreciate the effort. I have a question regarding eBRCs. We have downloaded the eBRC data from DGFT website and there is a column for utilization status. Status are mainly – Used and available. Would be really great if you could explain what is the meaning of that. rakesh: On 11 July 2019 Your site has helped us in many ways and really appreciate the effort. I have a question regarding eBRCs. We have downloaded the eBRC data from DGFT website and there is a column for utilization status. Status are mainly – Used and available. Would be really great if you could explain what is the meaning of that. VARUN PALIWAL: On 23 December 2020 We can check about the status of E-BRCs (Used and Available) but where can we check utilisation of of E-BRCs? David: On 20 January 2021 Your site has helped us in many ways and really appreciate the effort. I have a question regarding eBRCs. We have downloaded the eBRC data from DGFT website and there is a column for utilization status. Status are mainly – Used and available. Would be really great if you could explain what is the meaning of that. RAJINDER MATHUR: On 04 October 2021 NOT ABLE TO DOWNLOAD EBRC FOR THE EXPORTS SENT WITHOUT CUSTOM DUTY drishti: On 25 June 2022 We just had a look at your blog and got your email contact from their. We are a small establishment selling online through Amazon in USA and Canada. We are facing some difficulty in obtaining eBRC from our bank as they have never handled an ecommerce exporter and are not able to grasp the process. Can we connect with you in order to discuss? Looking forward for your revert, mirza: On 25 June 2022 Hello, I'm a member of Amazon FBA. I need to take my goods to Amazon Germany warehouse. My goods are stuck at the German customs. A firm must pull my goods as an importer. Then I can send my goods to amazon germany warehouse via DHL. As an importer company, would you play a role in this business? Thank you. nishith: On 28 June 2022 I read your articles on internet and they are very helpful. I am writing this mail to you as I have a query regarding FIRC and BRC. So I am a dropshipper, I stay in India but I don’t sell in India. I just purchase product from USA and sell to UK online. So my payment gateway, they do issue me FIRC for every transaction but do I have to issue BRC then from the bank? As I am a dropshipper, I don’t require IEC code nor I can avail any related benefits with DGFT, so still I need to close my FIRC, which is by issuing BRC from bank? eran: On 04 July 2022 I found your information online, we were asked to provide value evidence, through an SVB report. BIS (PO, BRC (BANK REMITTENCE COPY) OR NET PRICE and technical write up (product specification) for a shipment we made to India (Hyderabad) from San Francisco. They are random home decoration items (6 of them) needed for software development (we are infusing the objects with augmented reality mobile applications) and our development team is in India.Do we need any particular forms to successfully respond to the query below or should we just provide receipts in an email format? rahul: On 05 July 2022 We made payment against import material through Paypal. We received the material, customs duty is paid against Bill of Entry. Now issue is how to settle the import payment ? Bank says you made payment through Paypal we can't settle this payment. What is the way forward? williams: On 09 July 2022 I would like to know some of the products you currently stock with their prices. I would be happy to make my payment by credit card if you accept them. They will be shipped overseas to one of our location ORG in Santorini Cyclades 84700 and don’t worry if you don’t have INT shipping experience, I would recommend you to one of our shippers that handles everything including paperwork. I will be expecting the prices so I will advise the qty we would need. This order is not for resale. I await your reply. You can be able to reach me via Email anirudh: On 15 July 2022 I was reading your articles about Export Norms and was very impressed with the way you have explained each and every detail. I would like to thank you for this effort, it has helped many people like me understand export-import in a detailed and better way. That said, I would like to ask you a certain question - since I am new in the field of exports. Would be great if you could help me on the same! I am currently selling small value goods globally (Avg SP in dollars USD 50) and receive money via PayPal in Rupees (not in dollars - Paypal account receives in dollars and rupees get transferred to my bank) . I read that no BRC is needed in your blog - just would like to confirm the same once for my scenario. Also - new draft e-commerce policy wants to do away with BRC, may be they realised it is not needed? Would like your thoughts. Look forward to your support bobby: On 16 July 2022 We have read your article and are posing this query as we are in a bit of a pickle We had advanced $10000 to a Vietnam client for some goods. However he has only dispatched goods worth $5000 and is now closed his company. After a lot of pressure he has agreed to return our balance but can only give cash as his bank account is in some legal problem. Can we accept cash from him and how to inform bank etc in this process PRASAD: On 21 July 2022 I'm a granite exporter from Andhra Pradesh. As there is good boom in the construction industry of Syria since from March 2018, I got good clients over there and exporting since from then. I should submit eBRC to our CTO office for claiming the GST paid on transportation and customs clearance of our export shipments, they are asking eBRC along with other required documents, but no bank is accepting the documents of those shipments to Syria. In actual I received the funds from Dubai and Turkey which are their sister concerned companies/3rd party. This is becoming so horrible with the banks as most of my exports are to Syria, Yemen & Iraq for which banks are not accepting the documents.